ULI Colorado: Advancing Community Benefits
Shaping Policy Tools for Affordable Commercial Space in Boulder
A community benefits program is a tool to ensure that new growth and development contribute positively to the community’s quality of life in exchange for additional building height, floor area or density. The City of Boulder is currently investigating the potential for promoting the development of below-market-rate commercial space by allowing its developers to add a 4th or 5th story over the zoning district height limit (no taller than the city charter limit of 55 feet).
ULI Colorado hosted this virtual event to garner feedback on whether and how such a program could work before the City finalizes decisions about the program in early 2021.
Webinar Summary: A community benefits program is a tool to ensure that new growth and development contribute positively to the community’s quality of life in exchange for additional building height, floor area or density. The City of Boulder is currently investigating the potential for promoting the development of below-market-rate commercial space by allowing its developers to add a 4th or 5th story over the zoning district height limit (no taller than the city charter limit of 55 feet).
ULI Colorado hosted this virtual event to garner feedback on whether and how such a program could work before the City finalizes decisions about the program in early 2021.